DEBIT definition and meaning | Collins English Dictionary Korean: 차변 Norwegian: debet Polish: debet European Portuguese: débito Romanian: debit Russian: дебет Latin American Spanish: débito Swedish: debet Thai: รายการของเงินที่หักบัญชี Turkish: hesabından çekilen para Ukrainian: дебет Vietnamese: sự ghi nợ British English: debit
Debits and credits - Wikipedia Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions A debit entry in an account represents a transfer of value to that account, and a credit entry represents a transfer from the account [1][2] Each transaction transfers value from credited accounts to debited accounts For example, a tenant who
Understanding Debet: Its Meaning and Use in Finance and . . . In accounting, debet (more commonly spelled as debit in English) refers to the left side of a ledger account When a transaction is recorded, a debit entry signifies an increase in assets or expenses, or a decrease in liabilities, equity, or income